Multiple Choice
Assume that you are starting a business. Further assume that the business is expected to grow very quickly and a great deal of capital will be needed soon. What type of business organization would you choose?
A) Corporation
B) General Partnership
C) Limited liability company
D) Limited partnership
Correct Answer:
Verified
Correct Answer:
Verified
Q26: Owners must register and pay yearly fees
Q27: In a sole proprietorship, the owner is
Q28: In a general partnership, all partners have
Q29: For the risk-return principle implies that the
Q30: A reputation for unethical behavior can negatively
Q32: Capital structure refers to the financing of
Q33: The area of finance that deals with
Q34: The sole proprietorship is the same as
Q35: Working capital management refers to<br>A) long-term financing
Q36: One of the problems associated with profit